flag-gb flag-my flag-zh flag-id flag-th flag-vi

COMMODITIES TECHNICAL ANALYSIS AUGUST.31

Brent

The instrument spent the day in a consolidation. However, the price had a sharp drop in the American session. Sellers pushed the price from the resistance 49.50 to the support 48.50.

The overall outlook remains bearish, for a drop towards 47.50 support area.
31_08_2016 xauusd
Gold

The pair remained in red figures 
on Tuesday’s trades. Sellers were able to drive the price lower. The XAU/USD decreased from the 1325 mark towards 1309.

A move below the 1308 support would suggest a resumption of a bearish trend. A growth above 1325 will weaken sellers' positions and will strengthen buyer's ones.

31_08_2016 brent

Read the full review on our site:
https://www.fortfs.com

Latest news

Reduced spreads are available until August 30!

2019-07-30 09:15:29

Dear traders and partners, FortFS extends deadlines for the reduced spreads! From July 19 to August 30, 2019, spreads for the 4 most popular currency pairs are: EURUSDf: 0.8 GBPUSDf: 0.9             USDJPYf: 1.0             XAUUSDf: 3.5

Welcome Bonus $75

2019-06-25 06:49:53

Welcome Bonus $75 returns, for 10 days only! Experiment with market trading without depositing. Trade indices, Forex, precious metals, futures, stocks – full range of instruments on one account!